How easy or hard is it to close an Estonian company?

We recommend selling the company instead of liquidating as it is much less time consuming and cheaper. We have written about the liquitation process in this blog post. *You would need to find the buyer yourself

Can my e-company become a shareholder in another European company?

Yes, if all the shareholders have e-Residency cards then you could sell the Estonian company's shares online through the e-Notary.

What are the tax implications for a german resident? where and how much do I pay?

To answer this question adequately a tax consultation is needed to take all your specific personal details into consideration. Mainly the topic of permanent establishment and Wegzubesteuerung comes up for our German clients. You can read…

What are the taxes we pay yearly in %?

If no profits are taken out of the company and you don't have a permanent establishment in another country then 0%.

What is the corporate income tax for companies in Estonia?

Estonia's corporate income tax is paid when profits are distributed, for example when paying dividends. The corporate income tax is 20% for companies, when taking out dividends regulary ( after 3 years) it is reduced to 14%, if paid to…

Is there are restriction on maximum salary amount in relation to reserves?

The salary amount you pay yourself shouldn't be significanlty bigger than the average market rate in your industry. You can choose the exact value and workload in your employee's contract.    

Do I need to pay salary taxes in Estonia or not?

If you don't physically perform the work in Estonia, then you are not obliged to report anything to the Estonian employee register nor register as a wroker here. A non-resident of Estonia should only pay their salary taxes in their country…

Is it required to pay the board member salary?

No, it is not mandatory. You can pay yourself only a salary as well. The board member salary is fully taxed in Estonia ,with 20% of income tax and 33% of soacial tax if you do not provide an A1 certificate that proves you are paying socail…

Can you do the banking for your company in another country?

You can open a business bank account for your company in Estonia at a bank outside of Estonia if they are willing to serve you.   However, please note you will only be able to register your share capital payment with an account at a bank…